Some of the interesting facts:
- Estimated losses are $4 and $18 million for Ameritrade and E-Trade Financial respectively.
- Much of the fraud occurred overseas while clients were using public computers infected with spyware or wireless connections. User IDs and passwords were stolen.
- Fraud committed against E-Trade customers appeared to be concentrated in Thailand and eastern Europe
- Hackers are increasingly turning their attention to financial services firms.
- Identity theft